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Review
Hi Had e mail today with my annual report. End of 1st year. I note that some creditors have not submitted a claim or proof of debt yet. If they don’t at all in the 5 years is that debt still cleared. Also have not been asked for income or expenditure update. As one of creditors who have not submitted a claim was the main…
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IVA debt written off after 5 years?
Correct me if i'm wrong, but i read that if you have been in a IVA, the debt can be written off after 5 years? Is that correct?
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basic account needed
I am looking at a possible IVA and need to open a basic account. It cant be linked to hsbc, lloyds or tesco banks. I am not sure if TSB would fit the bill as I think they have now completely split from lloyds. Can anybody advise what would be a good bank to use.
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IVA and PBA reclaim
Hi all, I have finished my IVA nearly two years ago with no problems and have my certificate issued to me. During that time in my IVA I claimed back near 20k in PPI which went into my IVA. Recently I was contacted by a company who said they can claim back Package Bank Accounts ( PBA ), so I filled in the forms and sent…
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DRO advise please
Hi my husband is due to pay and submit his DRO in the next couple of days with stepchange. Does anyone know the timeline of how long it takes to get accepted and if many people get refused a DRO? What happens at the end of the 12 months after it is accepted? Also he has a telephone phobia which makes things difficult, will…
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DRO & Car Insurance
Hello again! I have posted previously about my OH and our (his) DRO journey and have received brilliant advice, so I have another quick question please: His car insurance is due for renewal and his current insurer have sent the renewal pack through, which is surprisingly very reasonable! So ideally, he would like to just…
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IVA affecting partner
I am looking at having to set up an IVA. All debts are in my sole name. I have a small joint account with my wife at lloyds- its in credit and has never been overdrawn- although I have a lloyds credit card as one of my debts. W e rent and the tenancy is in our joint names. How would my IVA affect my wife and her credit…
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Homeless with an IVA
Hi I am posting about a friends situation, I want to support her in the best way I can and am asking for some guidance please. Summary: single female, currently working full time but at risk of losing job because of sickness absences (due to stress and anxiety). Declared a IVA from June last year, housesitting for a friend…
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Help with possible DRO please!!!
Hi everyone this is yet another DRO scenario, can't find a post quite like my situation so I thought I may as well ask for help here too. I hope someone can make sense of this as Im not even sure I can.. I'm a mother of 3, on maternity at the moment with a lot of debt, credit cards, fuel bills, benefits over payments ect.…
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I&E not updated since 2015 please advise
Me and my wife are in the last few months of our IVAs. We just got sent a letter asking for income and expenditure review and have been asked for P60s going back the length of the IVA. Our last review we completed was Oct 2015, my wife was on maternity and our I&E was very different. My wife had a significant pay rise in…
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I am planning to go into an IVA with Advice, Any recommendation for this company?
I have checked 1000;s of reviews, It seems legit. (www. iva-advice . co) If any one has used it then let me know. Or any other recommendations?
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Advice with IVA
Morning all, Some help for a friend who is trying to manage under the cloud of being tied down by and IVA which was agreed October 2017. Highlights are... Debt was made up from circa 43k taxes plus all other debt i.e. Credit cards overdraft etc . The repayment plan is over 6 year paying £847 per month . Conditional on…
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Grieving and loss Breech of IVA
Hello, This is me crying for help! We have an active IVA for about 3.5yrs, always in time and completed annual reports. This was for 25k, in joint name with my husband. March this year we were told he had terminal cancer and didn’t look good, fast forward 7 mths, I lost him 6 wks ago. He has a small life insurance plan,(…
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Help, is an IVA right for me?!?
Hi everyone First post here so bare with me if I’ve asked anything stupid. I am in what I would call ridiculous amounts of debt. Circa £20k on credit cards loans and catalogues. I have been very stupid. I have a good job and take home about £1700 per month which is very stable, I currently live with my parents and pay…
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IVA Change of circumstances
Hi all, Further to my other post "iva update" I have been looking after my father for the last 2 yrs whilst working part time. He has been helping me out financially but in the last few weeks he has gone into care for a assessment of his needs and capabilities. It looks unlikely he will go back home. This will impact me in…
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DRO advice please!
I am seriously considering a DRO. Stepchange have said I qualify but I have a few questions to put my mind at rest. 1. My daughter is severely disabled and I am her carer, I claim Universal Credit and PIP on her behalf as I am her benefit appointee, can this continue if I have a DRO in place? Will the payments going into…
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IVA good idea?
I applied online for debt help with a company called brighter future solutions, I have around £20,000 with Loans & credit cards I'm paying around £500 a month. I was told by the advisor I can write off a high percentage of my debt, they were very In depth and went through everything with a fine tooth comb. They lowered my…
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IVA and property inheritance
Hoping someone can help? I am currently just over a year into my IVA with approx 10k left to pay. It is quite possible that I will be inheriting a property in the not too distant future. How will this work with the IVA? will I be able to take a small mortgage against the property to clear the IVA or not because of my…
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Dro submited, what next
My Dro was submitted to the OR on Thursday. How long should it take to appear on the register? I'm worrying now that it will be rejected
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full and final iva in 2005
we did a full and final iva in 2005, weve been through a claims company :( and have been offered over £18000 for miss selling ppi. do we get to keep the money ?? this offer was after it went to the ombudsman.the letter that came to us from lloyds says it will send a cheque to us within 28 days...but will that come to us or…
